With Democrats controlling the House, a bipartisan climate solution is possible

As the dust settles from the midterm election to reveal a new political landscape in Washington, hope emerges that congressional action to rein in climate change may finally find traction after a decade-long drought.

How the president responds depends largely on whether a bill attracts Republican support, and Deutch has cause for optimism on that front. As co-chair of the bipartisan Climate Solution Caucus, which has an equal number of Republicans and Democrats, Deutch has seen this group of strange bedfellows grow from a dozen members to 90 in just two years. The Berlin Wall dividing the two parties on this issue is crumbling. There are now dozens of Republicans who acknowledge the existence of human-caused climate change, and they are willing to seek the common ground on solutions.

So where is that common ground?

The solution that finds support across the political spectrum is Carbon Fee and Dividend, whereby a steadily rising fee is assessed on the heat-trapping emissions released from fossil fuels. In order to protect Americans from rising costs associated with the fee, all revenue is returned to households as monthly payments.

The third component of this plan is a border carbon adjustment on imports from nations that lack an equivalent carbon price, which would shield American businesses from unfair foreign competition and discourage U.S. companies from “offshoring” their carbon emissions.

From a conservative standpoint, there is much to like about this policy:

It relies on the market rather than government regulations to achieve its objective.

It’s revenue-neutral, which means it will not increase the size of government.

It will put money in people’s pockets, grow the economy and add jobs.

It provides the incentive for other nations to follow our lead and implement carbon pricing policies of their own.

The imperative to act now couldn’t be clearer. The Intergovernmental Panel on Climate Change recently warned that we have little more than a decade to take the “unprecedented” actions needed to avoid the worst outcomes of climate change. Waiting around for a new president and a Democratic Senate in 2021 — outcomes that are by no means guaranteed — kicks the can down an ever-shortening road.

Momentum for carbon pricing got a boost last month when Canada announced that a carbon fee and dividend system will be implemented in provinces that cover nearly half that nation’s population. With federal elections coming up next year, Prime Minister Justin Trudeau is betting that pricing carbon will be a political winner if Canadians get a check in the mail.

We’re making that bet, too. We must set the table going into the 116th Congress by encouraging lawmakers to introduce and pass bipartisan legislation for Carbon Fee and Dividend. Bipartisanship is the best path forward to effective and enduring climate legislation, and I have faith a significant number of Republicans will come around to support such legislation in the new Congress.

In the end, the real solution to climate change is democracy, and with more and more citizens telling their members of Congress that delay is not an option, a viable solution to the climate crisis is now within reach.